$620,000
SOLD OCT 8, 2025

229 55th St Unit 3B Brooklyn, NY 11220

Sunset Park Neighborhood
2 Beds
2 Baths
827 Sq Ft
3,877 Sq Ft Lot

Recently Sold

$750 Per Sq Ft

19% Below List Price

0 Day on Market

Highlights

  • Elevator
  • Cooling Available
  • 1-minute walk to Martin Luther Playground
  • IS 220 John J. Pershing Rated A-
  • Handicap Accessible

About This Home

As of October 2025

Sunset Park New Luxurious Elevator Condo with Deeded Parking Space For Sale! This newly built condo features 2 bedrooms, 2 full bathrooms, living room, kitchen, and a 65 SqFt balcony. Unit has a washer and dryer. Conveniently located near all your daily necessities. Near restaurants, supermarkets, banks, pharmacies, parks etc. Close to the 4th & 5th Avenue commercial district. Minutes away from the N,R,W train station and B11 and B37 bus stops. Move-in ready. Do not miss this opportunity to own this condo in the heart of Sunset Park!

Last Agent to Sell the Property

XueFang (Sue Li

Listed on: 01/18/2024

Co-Listed By

Lila Leung

Last Buyer's Agent

XueFang (Sue Li

Listed on: 01/18/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,596

Year Built

  • Built in 2016

Parking

  • 1 Parking Space

Home Design

  • 827 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Handicap Accessible
  • Sprinkler System
  • Cooling Available

Listing and Financial Details

  • Tax Block 821

Community Details

Overview

  • 7 Units
  • 229 55Th St Condominium Condos
  • Property managed by Ng1 LLC

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,596

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Total Bathrooms: 2.00
  • Baths Total Level1: 2.00
  • Borough: Brooklyn
  • Co List Office Mls Id: 119580
  • Co List Office Phone: (718) 676-2518
  • Confirmed By M L S Y N: Yes
  • Cross Street: 2nd Ave
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Maintenance Common Fee: 316.00
  • Parking Attributes: 1 Space
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Dryer, Elevator, Refrigerator, Washer
  • Fill Sq Ft Total: 827
  • Street Name I D X: 55th
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Floor: 3
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1306

Utilities

  • Air Conditioning Units: 1
  • Utilities: Sewer, Sprinkler System, Other

Condo/Co-op/Association

  • Management Company: Ng1 LLC
  • Manager Phone: 000-000-0000
  • Units In Building: 7

Lot Info

  • Building Project Name: 229 55th St Condominium

Tax Info

  • Tax Abatement: No
  • Flip Tax Amount: 9596.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Oct 1, 2025
Sold by
Ng1 Llc
Bought by
Chen Meijuan
Seller's Agent
XueFang (Sue Li
Buyer's Agent
XueFang (Sue Li
List Price
$768,000
Sold Price
$620,000
Premium/Discount to List
-$148,000
-19.27%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.09%
Original Mortgage
$200,000
Outstanding Balance
$200,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$465,934
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $631,315 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Sold $620,000 -19.3% $750 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $768,000 -- $929 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,321 $99,304 $17,162 $82,142
2024 $10,321 $98,666 $17,162 $81,504
2023 $9,416 $93,432 $17,162 $76,270
2022 $8,810 $81,313 $17,162 $64,151
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2025

    XueFang (Sue Li

  • L

    Seller Co-Listing Agent in 2025

    Lila Leung

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 479297

Brooklyn Board of REALTORS®

APN: 00821-1306

New York Kings County Brooklyn 11220 Sunset Park

229 55th St Unit 3B, Brooklyn, NY

Sold

Condos

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